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US Natural Gas Corp. (UNGS)

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Last Post: 4/22/2014 9:27:41 PM - Followers: 341 - Board type: Free - Posts Today: 0

OTC:UNGS

**New Subsidiary "The Greater Cannabis Company, LLC" Name Change Coming Soon!

Florida SOS Link To New Subsidiary:
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/flal-l14000046206-e94b676c-f6a9-452b-b74a-731886f27d5d/greater%20cannabis/Page1

On March 13, 2014, the Company formed The Greater Cannabis Company, LLC ("GCC") in the state of Florida. GCC will act as the
Company’s operating subsidiary for its new operation in the medical and recreational marijuana market.
 
On March 16, 2014, the Company’s Board of Directors elected to change the name of the Company to better reflect the publicly
traded entity’s role as a holding company with the wholly owned subsidiaries as the operating entities. The Board has retained an
outside consultant for the name change. The Company intends to announce the new name on or before April 15, 2014.


Link To Annual Filing, Page F-39:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=117975






 (UNGS) US Natural Gas Corp Announces Corporate Realignment and Expansion of Operations
Company Forms Cannabis Subsidiary 


ST. PETERSBURG, Fla. March 17, 2014 --(OTC Pink:UNGS), an energy exploration company with operations in the Appalachian Basin is pleased to inform shareholders that the Company's Board of Directors has elected to realign its hierarchy of operations and further expand operations with the formation of a new wholly owned subsidiary. 
In an effort to more accurately reflect the Company's operations, the Board of Directors has approved several key changes to be implemented within the coming weeks. Included within these changes will be a name change to the parent Company to better reflect its role as a holding company. The Company's current subsidiaries will remain active with the possibility of name changes to one or more.

The Company has formed a wholly owned subsidiary whose operations will concentrate on the medical and recreational marijuana market in the southeast. 
Further details on the aforementioned corporate actions will be released simultaneously with the release of the Company's Unaudited 2013 Annual Report on or before March 30, 2014. 


About 
 is an independent energy company principally engaged in the acquisition, exploration and development of mature long-lived oil and natural gas properties. The company's current operations are concentrated in the Appalachian Basin within the states of Kentucky and West Virginia with core assets consisting of 17,000 acres of mineral rights leases and interest in approximately 150 oil and gas wells. More information on UNGS can be found on the Company's website at www.usnatgascorp.com. 
Safe Harbor Statement 
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Additional risks and uncertainties are set forth in the Company's Unaudited Annual Report for the year ended December 31, 2012, which can be found on the OTC Markets website,

www.otcmarkets.com. 
Contact: 
UNGS
(727) 482-1505 





UNGS Forms "The Greater Cannabis Company, LLC" and Board Of Directors Vote For Company Name Change to reflect change of direction

 
On March 13, 2014, the Company formed The Greater Cannabis Company, LLC ("GCC") in the state of Florida. GCC will act as the
Company’s operating subsidiary for its new operation in the medical and recreational marijuana market.
 
On March 16, 2014, the Company’s Board of Directors elected to change the name of the Company to better reflect the publicly
traded entity’s role as a holding company with the wholly owned subsidiaries as the operating entities. The Board has retained an
outside consultant for the name change. The Company intends to announce the new name on or before April 15, 2014.



 

 

 
Market Value1                 $1,265,651    a/o Mar 28, 2014

Shares Outstanding      301,345,506    a/o Nov 14, 2013
Float                                147,354,284    a/o Nov 14, 2013
Authorized Shares      2,000,000,000    a/o Nov 14, 2013

Par Value     0.001
 
 

     
Management


Wayne Anderson, President and Chairman
 
Wayne Anderson has served as the President and Chairman of the Board of US Natural Gas since the incorporation of the company,
under the name of Adventure Energy, Inc., in March 2008. Prior to founding Adventure Energy, Wayne Anderson acted as the
Managing Member and a founding partner of Around the Clock Trading & Capital Management, LLC, an investment management
company, and the General Partner of Around the Clock Partners, LP from January 2000 through 2008. Through the fund Around the
Clock Partners, LP, Mr. Anderson has made significant key investments within the natural resources sector.
 
Mr. Anderson has been a vital source in negotiating and executing transactions for several small to mid-sized companies. From June
1997 through December 1999, Mr. Anderson was a proprietary equities trader. Mr. Anderson practiced as a Podiatric physician from
May 1993 through June 1997. Mr. Anderson studied biology at the University of Georgia from 1984 to 1987 and then attended the
Temple University School of Podiatric Medicine (formerly the Pennsylvania College of Podiatric Medicine) where he received a
doctorate of podiatric medicine (DPM) in 1991.



 

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UNGS News: VIP EARLY ALERT SERVICE Offered by Elite Traders Group for Limited Time, 20 Positions Remain. Only $29.95/Month or $199.00/Year 11/12/2013 08:00:00 AM
PostSubject
#18882  Sticky Note US Natural Gas Corp Provides Corporate Update DFLY 04/07/14 12:22:38 PM
#17861  Sticky Note UNGS, BIG changes coming April>>>The Greater Cannabis Company, -Awaken- 03/31/14 03:33:12 PM
#20348   I know some guys bidding hard at .021, Benster19 04/22/14 09:27:41 PM
#20347   I think we may go to .02 low Serpico2005 04/22/14 09:26:11 PM
#20346   Absolutely~ Anticipate a Follow up tothe filings ,imo~ Flex 04/22/14 09:13:10 PM
#20345   .01+ easy as soon as that LOI is PR'd Benster19 04/22/14 09:10:31 PM
#20344   .0023 and .0024. Holding for pennies. Walker 04/22/14 09:09:40 PM
#20343   Read the top sticky waiting on news of Serpico2005 04/22/14 08:19:26 PM
#20342   They are shooting ganja thru their pipe systems Hawksfan 04/22/14 08:16:37 PM
#20341   Flex what news are we waiting for with ggupta1767 04/22/14 08:13:51 PM
#20340   Wow we need some good news. I am logman 04/22/14 08:08:59 PM
#20339   I was out for that Dip dang it! Flex 04/22/14 07:15:44 PM
#20338   What price did you get Walker? Flex 04/22/14 07:15:18 PM
#20337   UNGS I have No doubts we see that Flex 04/22/14 07:09:48 PM
#20336   Added more today. Walker 04/22/14 06:51:58 PM
#20335   Tick Tock blastoff soon !!!!! Serpico2005 04/22/14 06:11:13 PM
#20334   Dam D Bags! Things about ta get Spirited Flex 04/22/14 05:37:56 PM
#20333   167 share bid whack. 36.7 Cents vortmaximum 04/22/14 05:12:14 PM
#20332   lolll DFLY 04/22/14 04:05:32 PM
#20331   This is starting to give me natural gas. :-( Hawksfan 04/22/14 04:04:33 PM
#20330   yes yes onward and upward!Lookin forward to companies DFLY 04/22/14 04:01:50 PM
#20329   solid day of removing weak hands! onwards & -Awaken- 04/22/14 03:59:47 PM
#20328   people selling 22s must not have L2 to -Awaken- 04/22/14 03:38:35 PM
#20327   ups, we found someone else with less than -Awaken- 04/22/14 03:36:26 PM
#20326   indeed bro..yes and I hope I can clip DFLY 04/22/14 03:11:34 PM
#20325   great minds think alike ;) UNGS is a -Awaken- 04/22/14 02:50:03 PM
#20324   same page..exactly whats been taking place imo..ducks in DFLY 04/22/14 02:42:17 PM
#20323   Roger that...nice support down here. The folks selling -Awaken- 04/22/14 02:21:45 PM
#20322   Patience needed here always with pennies. The flippers Serpico2005 04/22/14 02:13:11 PM
#20321   No updates until it's executed. For all we -Awaken- 04/22/14 01:35:15 PM
#20320   Gotcha - that 3-5 days though certain has pennypuptech 04/22/14 01:26:30 PM
#20319   They didn't say "news coming in a few -Awaken- 04/22/14 01:24:32 PM
#20318   How can they quote "a few days" then pennypuptech 04/22/14 12:58:17 PM
#20317   Right now UNGS is being "UGHS" :( EthanolTurbo 04/22/14 12:45:43 PM
#20316   agreed and there is not even enough volume Bgottlieb 04/22/14 12:39:08 PM
#20314   I said once news is out. I currently Benster19 04/22/14 12:30:15 PM
#20307   Good eye, see, quiet progress being made...it was -Awaken- 04/22/14 12:13:17 PM
#20306   cool story bro. just remember where UNGS was -Awaken- 04/22/14 12:09:08 PM
#20305   I'm a short term trader, yes. There's only Benster19 04/22/14 12:07:09 PM
#20304   It says: An amendment to the Company's Deltasaint 04/22/14 11:50:48 AM
#20303   exactly DFLY 04/22/14 11:41:08 AM
#20302   lol, right...this is trading with lighter volume, which -Awaken- 04/22/14 11:39:35 AM
#20301   NEWS should be any time now................ linkvest 04/22/14 11:35:10 AM
#20300   UNG$ Pixyel 04/22/14 11:21:42 AM
#20299   yup agreed DFLY 04/22/14 11:19:57 AM
#20298   UNGS I had a feeling this would dpm58 04/22/14 11:19:23 AM
#20297   yep dfly agree with you there we have koolmc 04/22/14 11:19:10 AM
#20296   good glad they out like a buncha ids DFLY 04/22/14 11:17:52 AM
#20295   witnessing impatient ones and ppl that don't believe DFLY 04/22/14 11:16:57 AM
#20294   You don't just put in a for a -Awaken- 04/22/14 11:13:28 AM
#20293   finra is in charge of the name/symbol change koolmc 04/22/14 11:12:41 AM
#20292   I am holding and waiting... what is Deltasaint 04/22/14 11:11:25 AM
PostSubject